55 London Road

The property is a mid-terrace ground floor lock-up shop previously let to Betfred. There are x3 W/Cs, as well as kitchenette facilities within the rear parts of the unit, with a large retail area at the front.

The property benefits from rear access suitable for loading and unloading and a car parking space, as well as general parking in a layby for the retail terrace out the front

The property is located on the west side of the very busy London Road, which connects Waterlooville and Cowplain. It is roughly 1 mile north from Waterlooville town centre, and 1.7 miles (by road) from Junction 3 of the A3(M), leading to Petersfield & Guildford to the north with the M27 motorway network to the south

Strictly by appointment with sole agents Holloway Iliffe & Mitchell, James West - 02392 377 800

Available on a new full repairing and insuring lease for a term to be agreed at a rent of £15,000 pax

Rateable value: £12,750 (1st April 2023); Source: voa.gov.uk.
You are advised to confirm the rates payable with the local council before making a commitment.

Each party to be responsible for their own legal costs incurred in the transaction.
Service Charge - Tenant will pay 50% contribution obligation on communal repairs.
Building insurance - Tenant will be responsible for reimbursing the BI, previously the BI was £672.40 for 2024
VAT is not appliable.